Category: Inflation
The analysis published under this category are as follows.
Friday, June 15, 2007
May PPI: Still Scant Evidence of Food/Energy Price Surge Pass-Through / Economics / Inflation
By: Paul_L_Kasriel
Just like every headline economic statistic of late, the Finished-Goods All-Items PPI increased a greater-than-expected 0.9% in May after a 0.7% rise in April. As the table below shows, another sharp rise in energy prices dominated the increase in finished-goods prices. After six consecutive monthly increases, finished-food prices declined marginally.Read full article... Read full article...
Tuesday, June 12, 2007
UK CPI Inflation rate falls but RPI will ensure further rise in UK Interest Rates / Economics / Inflation
By: Nadeem_Walayat
UK inflation as measured by the Bank of England's preferred measure, the Consumer Price Index (CPI) fell to 2.5% for May 07, from 2.8% for April 07. The rate of 2.5% is still above the banks target rate of 2%. The more widely recognised measure of UK inflation, the RPI fell to 4.3% from 4.5%, and is significantly above its original target of 3% which was abandoned in favour of the CPI measure, as clearly the CPI is more easily managed or manipulated than the RPI which shows a more significant continuing failure of the Bank to control UK Inflation.Read full article... Read full article...
Tuesday, June 12, 2007
Boo! Spot the Shocker in UK Inflation / Economics / Inflation
By: Adrian_Ash
"...When this bull market in 'luck' runs out, shorting the Pound might prove a wise course instead of buying fixed-income gilts..."
GOOD NEWS for lucky cash-savers in Britain . The Pound in their pocket lost only one-third of a penny in purchasing power during May 2007.
Okay, so it dropped 2.5p from a year earlier – and £1 spent on the High Street will buy 15% less than it commanded in spring 1997.
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Thursday, June 07, 2007
Inflation, Inflation, Inflation! / Economics / Inflation
By: David_Vaughn
Are you feeling sorry for gold lately? Fraid it doesn't need your sorrow with its present price action. As I have said before and will say again gold will do what gold wishes to do.
Thursday, May 31, 2007
Confiscation of Wealth Through Inflation / Economics / Inflation
By: Mike_Hewitt
“ By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens .” (John Maynard Keynes, chief architect of our present-day fiat money system)
The Mission Statement of the Federal Reserve as stated on their website is to “… to provide the nation with a safer, more flexible, and more stable monetary and financial system.”
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Tuesday, May 29, 2007
Nolte Notes - Inflationary Growth / Economics / Inflation
By: Paul_J_Nolte
Let's be perfectly honest – economists are a geeky bunch. In what may be their own super Friday, economic reports galore will assist them in determining the overall direction of the economy. Mind you, many of these reports are monthly, they get revised regularly and an economy as large as ours rarely is going to turn on a couple of reports. However, the financial markets are likely to get all worked up about inflation (which we will see with the employment report), consumer spending (in the income/spending report) and job creation (in the employment report).Read full article... Read full article...
Tuesday, May 15, 2007
U.S. Consumer Prices Rising at 5.6% Y/Y in Last Three Months! / Economics / Inflation
By: Mario_Innecco
The U.S. Department of Labor reported today that the Consumer Price Index or the C.P.I. rose 0.4% on a monthly basis in the month of April. Wall Street was expecting a rise of 0.5% so Bloomberg news reported that the C.P.I. came out lower than expected and that this was a sign that inflation is abating as the economy cools!Read full article... Read full article...
Tuesday, May 15, 2007
UK Inflation falls back below 3% to 2.8%, Interest Rates still to rise to 5.75% / Economics / Inflation
By: Nadeem_Walayat
Inflation for April, as measured by the Consumer Price Index (CPI) has as anticipated fallen back below 3% to 2.8%. This follows last months shock rise to 3.1% CPI, which prompted the governor of the Bank of England to write a letter to the Chancellor explaining why inflation had exceeded the upper boundary of 3%, and guaranteed a rise in interest rates to 5.50% at last Thursdays MPC Meeting (May 10th).Read full article... Read full article...
Thursday, May 03, 2007
Will The Dow Jones Crash? / Stock-Markets / Inflation
By: Investmentscore.com
The following short video is designed to explain a complex investing subject to the average person. Learn how inflation is affecting your investments. The video starts very slowly, builds on basic concepts and then pulls it all together for a clear perspective at the end. From the intermediate investor to the average person, we believe anyone watching can relate to the important message within.Read full article... Read full article...
Thursday, May 03, 2007
Vote, vote, vote for central banking! / Politics / Inflation
By: Adrian_Ash
"...What if the 'first win' of globalization didn't go to China ? What if it went to central bank policy wonks instead – free to keep real interest rates low despite oil prices trebling...?"
TAX PAYERS in Britain were invited to vote early and often in today's local council elections. The French will get to choose between one bone-head and another this weekend, too.
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Sunday, April 22, 2007
U.K. Inflation – Government and Bank of England "Misleading Public" Says Gold-Market Analyst / Economics / Inflation
By: PRWeb
The British public is being misled about what's driving the current surge in the cost of living, said a leading gold-market analyst today. "Blaming energy prices is little better than a lie," according to Adrian Ash, head of research at BullionVault.com."First Tony Blair tried it, now Mervyn King at the Bank of England is trying it."
"But oil and gas prices are not to blame for the latest jump in the inflation rate. The problem instead is runaway growth in the money supply, caused by record low interest rates."
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Friday, April 20, 2007
Its Inflation Stupid as Wall Street celebrates benign CPI Report / Economics / Inflation
By: Peter_Schiff
Ding Dong the Witch isn't Dead - With this week's release of an apparently benign CPI report, Wall Street resembled Munchkin Land celebrating the death of the Wicked Witch of Inflation. Amidst the revelry few spared much concern that the Index actually registered a monthly gain of .6%. Since such a rise equates to an annualized inflation rate of 7.5%, how could the Wall Street Lollipop Guild be so euphoric? Simple; to pronounce the Witch sincerely dead, one needs only to consistently strip out marginally needed items such as food and energy. Without these "distractions" the core CPI increase can be shown to be only .1%: “way” below the .2% that had been forecast.Read full article... Read full article...
Sunday, April 08, 2007
Commodity Markets Analysis, Meat, Gold, Corn and Peak Oil / Commodities / Inflation
By: David_Petch
Where's the Beef?? It Better be in Your Freezer - Several different things I want to address first before getting to analysis of the HUI. The first one has to do with meat. The governments do not include the price of food or energy in the core rate of inflation (soon they will be including those that lie in graveyards into their index to further “average” the price down I am sure of it) so everything that you or I have to buy in the grocery store no matter how much costs rise is not “their definition of inflation”. This is the government's way of hiding the volumes of money being created out of thin air.
The coming of Peak Oil is causing a movement in the US to produce ethanol in order to provide an alternate fuel source. The big corporations are pushing for corn because it is big money. Use of straw grass, sugar beets etc. is far more efficient in the energy balance of the production equation.
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Friday, March 30, 2007
February Personal Consumption Expenditures (PCE) Increases Inflation Risks / Economics / Inflation
By: Paul_L_Kasriel
In real terms, February Personal Consumption Expenditures (PCE) increased by 0.2% after January's 0.3% rise. It was a 0.5% increase in real service sector spending that yielded a positive change on overall real PCE. Real durable goods expenditures fell 0.1% and real nondurable goods expenditures fell 0.4%.
Real PCE services increased 0.5%, fueled by a 9.5% rise in expenditures for household utilities (electricity and gas). As you may recall, February was considerably colder than usual. In fact, in terms of heating degree days, February 2007 was the coldest February since that of 1979. March warmed up.
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Friday, March 30, 2007
US Economy, Bernanke's Big Battle with Stagflation / Economics / Inflation
By: Money_and_Markets
Mike Larson writes : Last week, I told you that our Federal Reserve Board Chairman was reaching for his “Bernanke put.” But today I want to talk about the major forces opposing his efforts.
In a nutshell, the Fed played too fast and too loose with monetary policy for too long. That allowed inflation to seep into virtually every corner of the U.S. economy and its capital and commodity markets.
At the same time, economic growth is slowing sharply due to the spreading impact of the housing and mortgage meltdown. I'll share some figures with you in a minute. Suffice it to say, they don't look good.
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Thursday, September 28, 2006
ONS Makes inflation calculation blunder ! / Interest-Rates / Inflation
By: Phillipa_Green
The Office for National Statistics has made a serious error in its inflation data, which will impact on expectations for further interest rate hikes and pushed the pound sharply lower. Read full article... Read full article...
Wednesday, June 21, 2006
Central Bankers declare War on Global Inflation / Economics / Inflation
By: Gary_Dorsch
By Gary Dorsch :Editor, Global Money Trends magazine
For the past four years, the big-3 central banks were the world's “serial bubble blowers,” flooding the world with cheap money via historically low interest rates, in order to pump up stock markets and real estate values. However, with global economic growth running at 5% in the first half of 2006, the most robust multi-year expansion since the 1970's, there were serious side effects of surging energy and commodity prices, that are now feeding into consumer inflation.
Bank of England chief Mervyn King admitted on June 12 th , “During the fastest 3-year period of world economic growth for a generation, monetary policy around the world may simply have been too accommodative.” However, in order to correct the imbalance, a tighter global liquidity environment is required. “After a period of robust world economic growth, we approach a bumpier stretch of the road. A rebalancing of global demand is desirable, but the way ahead may not be smooth,” King said.
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Wednesday, January 12, 2005
Commodities Bull Market - Trading the CRB Index / Commodities / Inflation
By: Nadeem_Walayat
The current correction in the CRB index presents an potential opportunity to buy into the Commodities Bull Market, as the CRB comes off new highs of 292, now down to 282.
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